Case Study: My Experience With Buying

When selling a house, there are many options a seller can use to get money for the home. The first method a homeowner can use involves using the services of real estate company. The real estate company will do the whole process plan for the marketing, getting a buyer, showcasing the house and the final sale to a buyer. This method is also known as the traditional technique of selling your property. Apart from listing the home with a realtor, an individual can use a more modern method when they want to sell their house. The new strategy of selling a house involves selling the house to real estate investor directly for cash.
It is important to note that the two strategies selling to real estate investor and listing the house to with a real estate agent have their benefits and limitations. There is a current trend that indicates that seller prefer the modern method that involves selling to a real estate investor. It is imperative to note that selling a house to a real estate investor has many advantages than using the services of a real estate company. This report therefore discusses some of the benefits of selling the house to a cash buyer instead of listing with a real estate agent.
The first advantage of selling the house to a cash buyer is that it is fairly quick compared to selling listing your home with a real estate agent. Selling a house to an investor is the fastest method you can use to dispose your property. This is because, the deal is normally completed within days and you get money in your account. Listing the property to a real estate agent on the other hand is a slow procedure that has a lot of disappointments.
This is because listing a house with the realtor, the buyers who will buy the home normally use mortgage for the purchase. Mortgage takes time before they can be approved by the bank, normally six months. This is because the loan facility will need information about the buyer including their credit ratings before they can approve the loan. In some instances, after waiting for around four months, the bank may reject the loan request, and in this case, the realtor will start the whole process afresh and this can be disappointing since your house can be listed for even one year before you can get a genuine buyer if you are selling the property with a real estate company. Homeowners therefore should sell their house quickly to a cash buyer when they need money urgently.